^
+ Follow HONGKONG SHANGHAI BANKING CORP Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1287812
                    [Title] => JG Summit cleared to issue P30-B bonds
                    [Summary] => 

Gokongwei-owned conglomerate JG Summit Holdings Inc. is set to raise as much as P30 billion from the bond market this year, with proceeds to partly finance the purchase of P72 billion worth of minority stake in power distribution giant Manila Electric Co. (Meralco).

[DatePublished] => 2014-02-08 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 512027 [Title] => HSBC ups RP growth forecast to 1.8% this year, 4.2% in 2010 [Summary] =>

The Hongkong Shanghai Banking Corp. (HSBC) upgraded yesterday its 2009 and 2010 economic growth forecasts for the Philippines as Asian economies are set to lead global economic recovery.

[DatePublished] => 2009-10-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 481026 [Title] => SB Capital co-manages P3-billion Universal Robina notes issue [Summary] =>

SB Capital Investment Corp. co-managed a P3 billion privately-placed corporate notes issue for Universal Robina Corp. (URC). The proceeds from the notes issue will be utilized by URC for general corporate purposes and to finance capital expenditure requirements.

[DatePublished] => 2009-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 441446 [Title] => Citigroup expects remittance inflows to drop dramatically this year [Summary] =>

MANILA, Philippines - Citigroup expects the growth in remittance inflows to drop dramatically to three percent in 2009 from 13 percent last year as a result of wage cuts and job losses in the overseas job market.

[DatePublished] => 2009-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 66905 [Title] => HSBC wins best regional retail bank title [Summary] => [DatePublished] => 2008-06-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 39884 [Title] => Citibank remains biggest credit card issuer [Summary] => [DatePublished] => 2008-01-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 350434 [Title] => Pru Life eyes 25% growth in new business [Summary] => The Philippine operations of Pru Life Insurance Corp. of UK (Pru Life UK) is emphatic in experiencing a 25-percent growth in first-year premiums this year after averaging nearly 22 percent in the past four years.

Likewise, the 10-year old life insurer believes its total premiums will grow between 10- to 12 percent this year in the face of poor economic conditions and the unwarranted negative effect of the embattled pre-need industry.
[DatePublished] => 2006-08-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 344111 [Title] => Zurich International Life in hot water [Summary] => The Insurance Commission (IC) has written the Hong Kong insurance regulators on the sale of life insurance products of the Zurich Finance Services and Zurich International Life without the authority or license to sell in the Philippines.

The commission also sought the assistance of the National Bureau of Investigation (NBI) to put a stop to the illegal practice which is depriving the country of tax revenues.
[DatePublished] => 2006-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 191584 [Title] => Net portfolio investment triples to $202-M last year [Summary] => Speculations on the future borrowing of the Arroyo administration attracted a steady stream of foreign hot money into the fixed income securities market last year, pushing portfolio investments up almost three times for the whole year.

Data from the Bangko Sentral ng Pilipinas (BSP) revealed that net portfolio investments increased from $68.7 million in 2001 to $202 million for the whole of 2002.
[DatePublished] => 2003-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 191478 [Title] => East West Bank participates in $20-M trade facility bandwagon with HSBC, IFC [Summary] => East West Banking Corp. (East West Bank) has been selected as one of two banks in the Philippines to participate in the $20 million Philippine Trade Facility (PTF).

The selection was formalized through the signing of the tripartite framework agreement between Hongkong Shanghai Banking Corp. (HSBC), the International Finance Corp. (IFC) and East West Bank.
[DatePublished] => 2003-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
HONGKONG SHANGHAI BANKING CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1287812
                    [Title] => JG Summit cleared to issue P30-B bonds
                    [Summary] => 

Gokongwei-owned conglomerate JG Summit Holdings Inc. is set to raise as much as P30 billion from the bond market this year, with proceeds to partly finance the purchase of P72 billion worth of minority stake in power distribution giant Manila Electric Co. (Meralco).

[DatePublished] => 2014-02-08 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 512027 [Title] => HSBC ups RP growth forecast to 1.8% this year, 4.2% in 2010 [Summary] =>

The Hongkong Shanghai Banking Corp. (HSBC) upgraded yesterday its 2009 and 2010 economic growth forecasts for the Philippines as Asian economies are set to lead global economic recovery.

[DatePublished] => 2009-10-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 481026 [Title] => SB Capital co-manages P3-billion Universal Robina notes issue [Summary] =>

SB Capital Investment Corp. co-managed a P3 billion privately-placed corporate notes issue for Universal Robina Corp. (URC). The proceeds from the notes issue will be utilized by URC for general corporate purposes and to finance capital expenditure requirements.

[DatePublished] => 2009-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 441446 [Title] => Citigroup expects remittance inflows to drop dramatically this year [Summary] =>

MANILA, Philippines - Citigroup expects the growth in remittance inflows to drop dramatically to three percent in 2009 from 13 percent last year as a result of wage cuts and job losses in the overseas job market.

[DatePublished] => 2009-02-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 66905 [Title] => HSBC wins best regional retail bank title [Summary] => [DatePublished] => 2008-06-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 39884 [Title] => Citibank remains biggest credit card issuer [Summary] => [DatePublished] => 2008-01-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 350434 [Title] => Pru Life eyes 25% growth in new business [Summary] => The Philippine operations of Pru Life Insurance Corp. of UK (Pru Life UK) is emphatic in experiencing a 25-percent growth in first-year premiums this year after averaging nearly 22 percent in the past four years.

Likewise, the 10-year old life insurer believes its total premiums will grow between 10- to 12 percent this year in the face of poor economic conditions and the unwarranted negative effect of the embattled pre-need industry.
[DatePublished] => 2006-08-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 344111 [Title] => Zurich International Life in hot water [Summary] => The Insurance Commission (IC) has written the Hong Kong insurance regulators on the sale of life insurance products of the Zurich Finance Services and Zurich International Life without the authority or license to sell in the Philippines.

The commission also sought the assistance of the National Bureau of Investigation (NBI) to put a stop to the illegal practice which is depriving the country of tax revenues.
[DatePublished] => 2006-06-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 191584 [Title] => Net portfolio investment triples to $202-M last year [Summary] => Speculations on the future borrowing of the Arroyo administration attracted a steady stream of foreign hot money into the fixed income securities market last year, pushing portfolio investments up almost three times for the whole year.

Data from the Bangko Sentral ng Pilipinas (BSP) revealed that net portfolio investments increased from $68.7 million in 2001 to $202 million for the whole of 2002.
[DatePublished] => 2003-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 191478 [Title] => East West Bank participates in $20-M trade facility bandwagon with HSBC, IFC [Summary] => East West Banking Corp. (East West Bank) has been selected as one of two banks in the Philippines to participate in the $20 million Philippine Trade Facility (PTF).

The selection was formalized through the signing of the tripartite framework agreement between Hongkong Shanghai Banking Corp. (HSBC), the International Finance Corp. (IFC) and East West Bank.
[DatePublished] => 2003-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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